Fashion house Burberry today announced a 7% rise in total third-quarter revenues, but said UK trading was disappointing.

Fashion house Burberry pledged to give shareholders a greater return from its success today after unveiling another strong set of trading figures.

London shares continued to drift lower today as investors’ eyes turned towards George Bush’s attempts to revive confidence in the US.

A good performance from oil stocks and encouraging US economic figures have helped the Footsie rise.